Comparable store sales definition

Comparable store sales means, for any reporting period, the change in period-over-period net sales for the comparable store base, beginning with stores on the second day of the sixteenth full fiscal month following the store's opening. When a store is being relocated or remodeled, we exclude sales from that store in the calculation of comparable store sales until the first day of the sixteenth full fiscal month after it reopens. As it relates to At Home, “two-year comparable store sales basis” refers to the sum of the increase in comparable store sales for each of the current and preceding fiscal years.

Comparable store sales for any Performance Period shall mean the comparable store sales value, expressed as a percent increase or decrease, as periodically reported by the Company in its press releases and filings with the Securities and Exchange Commission, or as otherwise calculated and disclosed to the Committee.

Comparable store sales means, for any reporting period, the change in period-over-period net sales for the comparable store base. A store is included in the comparable store sales calculation on the first day of the sixteenth full fiscal month following the store’s opening, which is when we believe comparability is achieved. When a store is being relocated or remodeled, we exclude sales from that store in the calculation of comparable store sales until the first day of the sixteenth full fiscal month after it reopens. Sales resulting from our omnichannel initiatives occur at the store level and are included in the calculation of comparable store sales.

Examples of Comparable store sales in a sentence

• Comparable store sales measure sales from stores that have been open for one year or more.

• Comparable store sales growth on a “two-year stacked basis” is computed by adding the pro forma comparable store sales growth of the period referenced and that of the same fiscal period ended twelve months prior.

• Comparable store sales represents a performance measure that we believe is useful information for management and investors in understanding the performance of our established NIKE-owned in-line and factory stores.

• Comparable store sales includes revenues from stores that were temporarily closed during the period as a result of COVID-19.

• Comparable store sales percentage increases shall be determined in accordance with Pamida's historical practices.

• From fiscal year 2012 to the fiscal year ended January 28, 2017 (“fiscal year 2016”) (except as noted):• Our store base expanded from 131 stores to 234 stores, a compound annual growth rate, or CAGR, of 15.7% and we entered seven new states.• Comparable store sales grew at an average rate of 3.5% per year.• Net sales increased from $476.5 million to $890.3 million, a CAGR of 17.0%.• Net income increased from $13.0 million to $59.8 million.

• Comparable store sales continued to be strongly positive in the London flagship store.

• Comparable store sales are compared monthly for purposes of this analysis.

• Comparable store sales on a year-to-date basis decreased by 1.3%.

• From 2013 through 2017 (except as noted):• Our store base expanded from 154 stores to 268 stores, a compound annual growth rate, or CAGR, of 14.8% and we entered six new states;• Comparable store sales grew at an average rate of 3.7% per year;• Net sales increased from $540.7 million to $1.077 billion, a CAGR of 18.8%; and• Net income increased from $19.5 million to $127.6 million.

More Definitions of Comparable store sales

Comparable store sales for any Year means the Net Sales in that Year of all stores that have been open for 13 full months prior to the beginning of the Year, including those stores that have been relocated or remodeled during the Year, but excluding stores closed during the Year.

Comparable store sales for any Year means the net sales from the Company's stores that are open for more than one year.

Comparable store sales means annual sales of the Company’s stores (including E-commerce sales and relocated or expanded stores) open throughout the relevant period during the applicable Performance Year and throughout the corresponding period during the prior fiscal year or, in the case of Comparable Store Sales of an applicable division or subsidiary, annual sales of the stores of such division or subsidiary (including E-commerce sales and relocated or expanded stores) open throughout the relevant period during the applicable Performance Year and throughout the corresponding period during the prior fiscal year, computed in accordance with U.S. generally accepted accounting principles.

Comparable store sales means the Company's or a division's same store net sales growth for the Fiscal Year in excess of the prior year.

Comparable store sales means the percentage change in the Company’s Sales for the Performance Period from stores open more than fifteen monthly periods over the Company’s Sales for the corresponding prior year Performance Period from the same group of stores open more than fifteen monthly periods in a manner consistent with the Company’s reporting of comparable store sales in its public disclosures.

Comparable store sales means, for any reporting period, the change in period-over-period net sales for the comparable store base, beginning with stores on the second day of the sixteenth full fiscal month following the store's opening. When a store is being relocated or remodeled, we exclude sales from that store in the calculation of comparable store sales until the second day of the sixteenth full fiscal month after it reopens. Our estimation of the comparable store sales impact of Hurricanes Harvey and Irma is based upon our analysis of comparable store performance before, during and after the hurricanes and includes estimates of revenue foregone during associated temporary store closures, reduced operating hours and business interruption periods as well as the positive impact of stronger economic recovery in the affected areas.